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SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION
12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III Real Estate and Accumulated Depreciation
 
 
 
 
 
 
 
 
Initial Cost to Company
 
 
 
 
 
Cost Amount Carried at Close of Period
 
 
 
 
 
 
Property
 
City
 
State
 
Encumbrances(1)
 
Land
 
Buildings and
Improvements
 
Costs
Capitalized
Subsequent to
Acquisition, Net
Impairment/Write Downs
 
Land
 
Buildings and
Improvements
 
Total(2)
 
Accumulated
Depreciation(3)
 
Date
Acquired
 
Original
Construction
Date
1225 Seventeenth Street
 
Denver
 
CO
 
$

 
$
22,400

 
$
110,090

 
$
33,108

 
$
(2,750
)
 
$
22,400

 
$
140,448

 
$
162,848

 
$
35,066

 
6/24/2009
 
1982
1250 H Street, NW
 
Washington
 
DC
 

 
5,975

 
53,778

 
15,895

 
(579
)
 
5,975

 
69,094

 
75,069

 
33,383

 
6/23/1998
 
1992
Georgetown-Green and Harris Buildings
 
Washington
 
DC
 

 
24,000

 
35,979

 
1,076

 

 
24,000

 
37,055

 
61,055

 
8,402

 
9/3/2009
 
1960;1975
109 Brookline Avenue
 
Boston
 
MA
 

 
3,168

 
30,397

 
15,636

 
(1,397
)
 
3,168

 
44,636

 
47,804

 
21,853

 
9/28/1995
 
1915
1735 Market Street
 
Philadelphia
 
PA
 

 
24,753

 
222,775

 
95,918

 
(14,927
)
 
24,748

 
303,771

 
328,519

 
136,425

 
6/30/1998
 
1990
206 East 9th Street
 
Austin
 
TX
 
26,000

 
7,900

 
38,533

 
5,362

 
(444
)
 
7,900

 
43,451

 
51,351

 
7,073

 
5/31/2012
 
1984
Bridgepoint Square
 
Austin
 
TX
 

 
7,784

 
70,526

 
20,637

 
(1,172
)
 
7,784

 
89,991

 
97,775

 
45,146

 
12/5/1997
 
1986;1996;1997
Research Park
 
Austin
 
TX
 

 
15,859

 
60,175

 
33,383

 

 
21,212

 
88,205

 
109,417

 
38,117

 
10/7/1998; 10/11/2016
 
1968;1998; 2001
333 108th Avenue NE
 
Bellevue
 
WA
 

 
14,400

 
136,412

 
2,746

 
(31
)
 
14,400

 
139,127

 
153,527

 
33,117

 
11/12/2009
 
2008
600 108th Avenue NE
 
Bellevue
 
WA
 

 
3,555

 
30,244

 
19,677

 
(1,199
)
 
3,555

 
48,722

 
52,277

 
17,386

 
7/16/2004
 
1980
 
 
 
 
 
 
$
26,000

 
$
129,794

 
$
788,909

 
$
243,438

 
$
(22,499
)
 
$
135,142

 
$
1,004,500

 
$
1,139,642

 
$
375,968

 
 
 
 
Analysis of the carrying amount of real estate properties and accumulated depreciation:
 
Real Estate
Properties
 
Accumulated
Depreciation
Balance at January 1, 2016
$
3,887,352

 
$
898,939

Additions
113,258

 
101,647

Loss on asset impairment
(58,595
)
 
(119
)
Disposals
(1,085,125
)
 
(245,212
)
Balance at December 31, 2016
2,856,890

 
755,255

Additions
55,041

 
71,979

Loss on asset impairment
(6,711
)
 

Properties classified to held for sale
(138,130
)
 
(62,064
)
Disposals
(1,019,479
)
 
(314,452
)
Balance at December 31, 2017
1,747,611

 
450,718

Additions
58,618

 
39,161

Loss on asset impairment
(12,032
)
 

Disposals
(654,555
)
 
(113,911
)
Balance at December 31, 2018
$
1,139,642

 
$
375,968


(1)
Excludes net unamortized premiums and net unamortized deferred financing costs.
(2)
Excludes value of real estate intangibles. Aggregate cost for federal income tax purposes is approximately $1,129,227.
(3)
Depreciation is calculated using the straight line method over estimated useful lives of up to 40 years for buildings and improvements and up to 12 years for personal property.